S&P Prems LLC
S&P Prems LLC is located in Vero Beach, FL, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($4,024,000 SBA portion) on November 24, 2025 to finance real estate or equipment.
SBA 504 loan, approved Nov 24, 2025
- SBA (CDC) portion
- $4,024,000
- Bank portion
- $5,593,950
- Estimated project size
- $10,686,611 (estimated)
- Estimated owner equity
- $1,068,661 (estimated, about 10% of the project)
- Bank lender
- First Bank of the Lake, Osage Beach, MO
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 24, 2050 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Comfort Suites by Choice Hotels
- Project location
- Indian River County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-8
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 76% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- Average expansion loan in Florida: $2,058,496.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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